London, 27 October 2015: Technavio, the independent tech-focused global research firm, has published a report on the global EPD market 2015-2020, which is expected to grow at a CAGR of 40.69% during the forecast period of 2015-2020.
E-paper display (EPD) is one of the fastest-growing technologies in the global display market. Factors that can be attributed to EPD’s growth are its low power consumption, clear images even in direct sunlight, lightweight design, durability, and the ability to view from wide angles. These displays are usually made out of plastic. The technology is suitable for flexible screens compared to the traditional LCD and LED, which are prone to damage.
“Manufacturers are investing in the research and development of EPD technology so as to innovate and develop displays with higher refresh rates. Faster displays will enable the vendors to incorporate high-quality and high-speed applications with the displays,” says Faisal Ghaus, Vice President of Technavio.
“Enhanced features in displays such as less energy consuming technology that can be refreshed at high rates and can run on high-speed applications will cater to the future preferences of the consumers.”
Key Market Drivers
- Growing applications
- High durability
- Energy efficiency
- Growing penetration of e-books
- Ease of reading
Key Market Trends
- Flexible EPDs
- Faster refresh rates
- Rapid growth in wearable devices
- Color displays
Key Market Vendors
- E-ink Holding
- Liquavista
- NEC
- Pervasive Displays
- Plastic Logic
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global EPD Market 2016-2020, please send an e-mail to media@TechNavio.com.
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